SilentBull69
$GGSM
Here’s how absurd the current valuation has become…..
4.518 BILLION O/S × $.0001 = ~$452K market cap
Yet GGSM reported $493,335 NET PROFIT in Q2 ALONE…..MORE than the market currently values the ENTIRE company.
And that’s before assigning ANY value to the actual assets/businesses…..hotels, yachts/marine operations, luxury villas & other developments.
At this valuation, the market is assigning $0 VALUE to ALL of those assets.
The 2 Bali developments currently under construction alone have estimated development costs of ~$9 MILLION.
Think about that…..GGSM is valued below ONE QUARTER’S reported profit, with everything else apparently thrown in for FREE. 🤣
That valuation disconnect is absolutely insane…..✌️
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